Liam Denning, Columnist

Saudi Aramco Puts the ‘Brief’ in ‘Briefing’

If the oil major wants a $2 trillion valuation, it will have to share more.

August 12, 2019 at 3:22 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

A secretive company in a secretive state.
Photographer: FAYEZ NURELDINE/AFP/Getty Images

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Great thirty minutes, guys.

Monday morning’s much-ballyhooed earnings call from Saudi Arabian Oil Co., or Saudi Aramco, was remarkable chiefly for its brevity. About 25 minutes in, the host was reminding people to get their questions into the queue. Just after 9:30 a.m. in New York, it was time for closing remarks.